Meren Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	174.7	61.4	232	199.7	58.9
Short-Term Investments	-	7	-	-	-
Cash & Short-Term Investments	174.7	68.4	232	199.7	58.9
Cash Growth	155.41%	-70.52%	16.17%	239.05%	45.53%
Accounts Receivable	17.8	-	-	-	-
Other Receivables	57.4	1.6	5.1	1.4	0.6
Receivables	75.2	5.9	5.1	1.4	0.6
Inventory	94.2	-	-	-	-
Prepaid Expenses	2.5	2.4	-	-	-
Other Current Assets	2.2	-	-	-	-
Total Current Assets	348.8	76.7	237.1	201.1	59.5
Property, Plant & Equipment	1,417	3.2	-	-	-
Long-Term Investments	142.2	506	707.2	651	737.8
Other Intangible Assets	43.7	29.3	19.1	63.6	194.3
Total Assets	1,952	615.2	966.2	917.7	991.6
Accounts Payable	124	-	14.2	-	-
Accrued Expenses	123.8	11.9	8.2	7.3	4
Current Portion of Leases	0.9	0.7	-	-	-
Current Income Taxes Payable	48.5	-	-	-	-
Other Current Liabilities	70.5	2	-	37.2	3.7
Total Current Liabilities	367.7	14.6	22.4	44.5	7.7
Long-Term Leases	2.9	2.6	-	-	-
Long-Term Deferred Tax Liabilities	281.8	-	-	-	-
Other Long-Term Liabilities	533.6	49.2	49.2	42.6	35.9
Total Liabilities	1,186	66.4	71.6	87.1	43.6
Common Stock	1,536	1,196	1,265	1,268	1,309
Additional Paid-In Capital	95.5	87.4	61.6	59.2	51.1
Retained Earnings	-865.8	-734	-432.3	-496.3	-412.2
Treasury Stock	-	-0.4	-	-	-
Shareholders' Equity	765.9	548.8	894.6	830.6	948
Total Liabilities & Equity	1,952	615.2	966.2	917.7	991.6
Total Debt	3.8	3.3	-	-	-
Net Cash (Debt)	170.9	65.1	232	199.7	58.9
Net Cash Growth	162.52%	-71.94%	16.17%	239.05%	-
Net Cash Per Share	0.27	0.14	0.49	0.42	0.12
Filing Date Shares Outstanding	675.91	436.6	460.59	460.05	474.83
Total Common Shares Outstanding	675.91	439.08	463.83	462.79	474.66
Working Capital	-18.9	62.1	214.7	156.6	51.8
Book Value Per Share	1.13	1.25	1.93	1.79	2.00
Tangible Book Value	722.2	519.5	875.5	767	753.7
Tangible Book Value Per Share	1.07	1.18	1.89	1.66	1.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.